Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services. Company operates in over 60 countries and employs over 78,000 people.

            Red = 25 day moving average.           Green = 200 day moving average.

Directors selling out shares before they cease employment have significant capital gains tax advantages in selling before they retire. They have to be in a position to be 'unaware' of takeover talks for stock exchange rules. Hence no one knows anything. YET

BARC has done well for all of us long term holders. From 611 at start of 2006 to 735 on 27 Dec. 2006 = 20.29% increase and more if you add the divi. to that. Let's hope that 2007 will be as good or better.

confess i had taken my off BARC since i got out of them 3 months ago at 720 ..... perhaps worth looking again

cynic
Why sell the long term chart looks good I have been holding for years.

because 720 was the target at the time .... it was hit so i sold and moved on ...... shall contemplate whether or not to re-enter

cynic
I just had a look at the chart and there is a case to trade this share you could have been right to sell when you did.

and have just been told by "my man" that the portfolio he also runs for me (as opposed to my own stuff) got back in on 20/12 at 724 ...... Next target is apparently 828, so with that in mind have just bought a lump at 739.

by the way, am now looking closely again at gold (haven't been in for a while) ...... always a difficult one to time, but may be about right now.

if it is, then POG may also be worth considering if they really have resolved their differences with Putin's "environmental thugs" ...... first class company with top quality reserves and prob the cheapest producer in the world

cynic
Got back more heavy yesterday (goo) but now hold a bit less than I use to, its less hart stopping on the ups and downs I will now just leave alone long term.

i too got back into GOO (9p), purely out of greed and crossness at having done my dosh before ...... damn fool logic!

gold was a good call this morning!

partridge .... have read your thread of 20/2 but replied on this to avoid have too many BARC threads running .... am afraid you are asking the wrong guy here! .... my reading of balance sheets and the ilk is barely at the Spot the Dog level

Thanks Cynic - I suspect you have as good knowledge as some of the BARC board. Apologies for the duplicate thread - my original query could apply to any of the large banks, just that BARC is the one I hold and they seem to have the largest exposures in these areas.

Is the proposed merger with ABN holding the price down. Most targets are well above the present price. If the merger fails will the price go up as Barclays itself may become a takeover target?

BARCLAYS TARGET PRICES.
660 Citybank 21/02/07
590 Evolution 28/11/06
650 HSBC 29/11/06
670 SG Securities 29/11/06
760 Dresdner Kleinwort Wasser 26/03/07
770 J P Morgan
750 Credit Suisse 29/11/06
890 Deutsche Bank 21/02/07
750 KBN 28/11/06
846 ING 20/03/07
900 UBS 14/02/07
840 Morgan Stanley
893 Collins Stewart 13/02/07
850 ABN 04/10/06
890 Lehman Brothers 29/11/06 (Overweight 21/02/07)
930 Merrill 09/03/07
930 Bear Stearns 20/12/06
1010 Sanford Bernstein.

Evolution Securities Reduce - 20/02/07
Panmure Gordon Hold 20/02/07
NCB Buy 17/01/07

i am still holding BARC, though i confess without too much enthusiasm ..... impact of a successful BARC bid for ABN is probably mainly factored in ..... if BARC get booted into touch, then i guess the impact on sp should still be positive ..... whether or not BARC is a genuine t/o target as has been mooted, is pretty tenuous ..... if you recollect, we still await the "definite + imminent" bid for ICI!

Agreed cynic.

Copied from "over the road".


Does any one know what time today the Dutch court will decide on the sale of La Salle.




3pm UK time.

I would bet that the judge will allow the sale to go ahead.

Tomorrow is the BIG DAY though.

RBOS is then allowed to make a formal bid after the 7 day rule lapses.

With Egos at play here i think RBS and possibly another suitor who may come out of the woodwork will make a bid for La Salle tomorrow.

If The judge stops the deal then ABN faces a 220 billion dollar law suit.
No company is going to want to merge or buy a company with that hanging over them.

Barclays may then pull out and ABN amro is then left on its own.

Their shareholders will then have to face the consequences of their actions.

Tomorrow i see RBS bidding for La Salle at a price they think Bank Of America wont match.
Bank Of America has already been told that they are over paying for the asset, will they want to go 30% higher. DEont think so.

Barclays share price indicates that the market thinks the judge will rule for the deal and RBOS share price indicates they wont bid.

What will Barclays shre price do once this news comes out.
Fall further or actually rise with the uncertainty out of the way.

Any vies

As you chaps have stated, lots of unanserewered questions on this bank now.

Until some of those questions are answered, one to avoid in my view.

BARC very cative today. We will probably see many days like this until everything is sorted out re ABN merger or takeover/ LaSalle sale.

Has anyone any idea which way BARC price will go today?

No reply so looks as if nobody has a clue what might happen.